292-294 Clarence Street

Nestled in the heart of Ottawa’s vibrant ByWard Market, we are pleased to present an exceptional opportunity with this semi-detached house for sale in Ottawa , located at 292-294 Clarence Street, Ottawa. This remarkable property offers both 294 and 292 Clarence Street for sale together, a rare find indeed, as full side-by-side buildings seldom become available in this prime downtown location. With a total of six bedrooms and two bathrooms, this house is perfect for those seeking flexibility, whether you are an investor looking to expand your portfolio, a buyer interested in multi-generational living, or someone wishing to occupy one unit while generating rental income from the other.

The house for sale in Ottawa boasts a generous layout, featuring a total of 14 rooms spread across two storeys. The exterior is constructed of durable brick, giving it a classic charm that complements the surrounding area. The property is situated on a lot measuring 36 by 74 feet, providing ample space for various possibilities. Although there is no garage or designated parking space, the location ensures easy access to public transport and the bustling amenities of the ByWard Market, making it an ideal choice for those who appreciate urban living.

Inside, the house features two kitchens, allowing for convenience and the potential for separate living arrangements. While the property does not have a family room or a fireplace, it does come equipped with central air conditioning, ensuring comfort throughout the warmer months. The unfinished full basement presents an opportunity for further development, allowing you to tailor the space to your specific needs. The house for sale in Ottawa is currently unfurnished, giving you the freedom to create a home that reflects your personal style.

The property is serviced by municipal water and sewer, and it utilises a forced air heating system to keep you warm during the colder months. With no central vacuum system and no pool, the focus remains on the potential that this house offers. The age of the property, between 51 to 99 years, adds character and history, making it a unique addition to the neighbourhood.

Living at 292-294 Clarence Street, Ottawa, means being steps away from the Market, where you can indulge in a variety of restaurants, cafés, and shops. The vibrant community offers a lively atmosphere, ensuring strong rental demand and excellent walkability. Whether you choose to live in one unit and rent out the other or explore the redevelopment potential, this house for sale in Ottawa is a fantastic investment opportunity.

As the property is sold "AS IS," it presents a blank canvas for the new owner. The possibilities are endless, from dual income streams to potential future value appreciation in one of the city's most established neighbourhoods. The option to sever the buildings and re-list one half (subject to buyer verification) adds another layer of potential for savvy investors.

In conclusion, if you are searching for a house for sale in Ottawa that offers both versatility and prime location, look no further than 292-294 Clarence Street, Ottawa. This semi-detached property is not just a house; it is an opportunity to create your ideal living situation or investment strategy in one of the most sought-after areas of the city. Don’t miss out on this rare chance to own a piece of Ottawa’s vibrant landscape.

Lower Town, designated as the postal code 4002, is a vibrant and historic neighbourhood nestled in the heart of Ottawa. Known for its charming streets lined with heritage buildings, this area offers a unique blend of urban living and cultural richness. Residents enjoy proximity to the picturesque Rideau River and numerous parks, making it an ideal spot for outdoor enthusiasts. The neighbourhood boasts a diverse array of cafes, boutiques, and art galleries, fostering a lively atmosphere that attracts both locals and visitors alike. With excellent public transport links and a strong sense of community spirit, Lower Town presents an inviting option for those seeking a dynamic urban lifestyle in Canada’s capital.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. The closest option is York Street Public School, just 0.3 km away, offering elementary education (JK to 6) with a solid school rating of 5.2. For older elementary students, Glashan Public School is located 2.5 km away, although it currently has a rating of 0. Elgin Street Public School, situated 1.8 km from the property, provides a French-language curriculum for grades JK to 6 and boasts a commendable rating of 7.5. Hopewell Avenue Public School, 4.2 km away, offers a French program for JK to 8 and has an impressive rating of 9. For secondary education, Lisgar Collegiate Institute is only 1.2 km away and has a strong rating of 7.9, while Immaculata High School, 2.5 km away, offers Catholic education for grades 7 to 12 with a rating of 5.8. Additionally, St. Brigid School, located 1.7 km away, provides a Catholic elementary education with a rating of 5.5. Overall, this area is well-served by a variety of schools, ensuring quality education options for children of all ages.